Lumiforte Secures Growth Investment for Global Expansion
Deal News | Nov 15, 2024 | Oaklins Evelyn Partners
Lumiforte, a leader in advanced smart coatings for industries such as greenhouses, sports line-marking, and industrial roofing, has secured substantial investment from Kartesia, a European firm specializing in financial solutions for SMEs. Headquartered in Baarle-Nassau, Netherlands, Lumiforte is lauded for its commitment to innovation and the production of high-quality, efficient coatings that improve client sustainability and profitability. Horticoop, a significant investor in greenhouse technologies, has maintained its shareholding in Lumiforte. The transaction was orchestrated by Oaklins’ advisory team in the Netherlands, who served as the exclusive sell-side advisor, underscoring their acumen in facilitating deals in the horticulture, sports, and sustainability sectors. The deal represents a significant milestone for Lumiforte as it aims to accelerate its growth trajectory and further its market innovation.
Sectors
- Coatings Industry
- Private Equity and Investment
- Horticulture
Geography
- Netherlands – Lumiforte is headquartered in Baarle-Nassau, Netherlands, making this location central to the company’s operations.
- Europe – Kartesia, as a European investment firm, represents the regional aspect of this financial and strategic collaboration.
Industry
- Coatings Industry – Lumiforte operates within the coatings industry, focusing on innovative solutions for greenhouses, sports, and industrial applications.
- Private Equity and Investment – Kartesia's investment signifies a strategic move within the private equity sector, providing growth capital to Lumiforte.
- Horticulture – As a shareholder, Horticoop represents the interests of the horticultural industry which benefits from Lumiforte’s smart coatings.
Financials
- Not Disclosed – The specific investment amount from Kartesia to Lumiforte was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lumiforte | Target Company | Company | A global leader in developing innovative smart coatings for various industries. |
| Kartesia | Investor | Company | A European specialist in capital solutions for small and medium-sized enterprises. |
| Horticoop | Shareholder | Company | A longstanding shareholder in Lumiforte, key player in the horticultural industry. |
| Oaklins | Financial Advisor | Company | Provided exclusive sell-side advisory services on this transaction. |